Active Listing  ·  49 days on market

120 Granite Dome Dr

Kyle, TX 78640
$329,000
4 Bed 3 Bath 2,334 sqft $141/sqft Built 2024 0.14 acres 2-Car Garage Pool Waterstone Crossing

*** Up to 2% lender incentive offered with use of seller's preferred in-house lender. Incentive may be applied toward buyer closing costs and/or rate buy-down, subject to lender approval and buyer qualification. Seller will consider offers contingent upon the sale of the buyer's current property, subject to the terms of the offer and seller approval***Almost-new two-story showstopper in Kyle, ready for its new owners! A private office welcomes you upon entry and offers the flexibility to serve as a home office, study, or additional living space. Luxury vinyl plank flooring flows throughout the first-floor common areas for easy maintenance and modern style. The open kitchen features a spacious island, stainless steel appliances, gas cooking, abundant cabinetry, and a walk-in pantry. The first-floor primary suite offers a relaxing retreat with dual vanities, a large walk-in shower, and spacious walk-in closet. Upstairs, enjoy a versatile game room or secondary living area, along with three spacious secondary bedrooms and a full bath. Step outside to the covered porch overlooking the spacious backyard—perfect for relaxing or entertaining. Conveniently located near I-35 for easy commutes to San Marcos, Tesla, Kyle, and Austin.

At $141/sqft, this home is 22% below the Kyle active market average of $181/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

120 Granite Dome Dr, Kyle, TX 78640

Property Details

Price $329,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,334 sqft
Lot Size 0.14 acres (6,098.4 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Waterstone Crossing
County Hays
Zip Code 78640
$/sqft $141/sqft
Days on Market ,
HOA $58/Monthly
Annual Tax Est. $9,178.27
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245658279
List Date September 4, 2026
Elementary School Hemphill
Middle School Laura B Wallace
High School Jack C Hays
School District ,

Luke Allen (TREC #788149) has deep knowledge of Kyle and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · September 4, 2026 $364,990
Previous ask $339,990
Current ask $329,000
▼ Reduced $35,990 (-9.9%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Kyle

Comparable Listings Right Now

Homes currently for sale in Kyle with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
233 Avre Loop
Waterstone
$326,999 $120 4 bd / 3 ba 2,723 sqft , 2026-09-01
207 Otter Rd
Cool Spgs Ph Iii
$325,000 $132 4 bd / 3 ba 2,466 sqft , 2026-09-01
314 Avre Loop
Waterstone
$333,999 $141 4 bd / 3 ba 2,368 sqft , 2026-05-14
120 Fossil Dr
Waterstone Crossing
$342,990 $170 4 bd / 4 ba 2,012 sqft , 2026-08-21
448 Musgrav St
Post Oak Ph 5B
$310,000 $183 4 bd / 2 ba 1,695 sqft , 2023-08-22

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$1,579/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$65,800
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$1,579
Principal + Interest−$1,795
Property Tax (~2.1% TX avg)−$576
Insurance (~0.5%)−$137
Est. Monthly Cash Flow $-929

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Kyle, TX

Kyle sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Hays County job center 5-10 min
Tesla Gigafactory 30 min N
Downtown Austin 35 min N

More Luxury Homes in Kyle

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on October 14, 2026.

📞 (254) 718-2567 [email protected] More about Luke →